What real estate markets are most overvalued in the world?
According to UBS Bank, the following major cities are in a bubble risk (Global Real Estate Bubble Index score over 1.5):
-Frankfurt (2.16)
-Toronto (2.02)
-Hong Kong (1.9)
-Munich (1.84)
-Zurich (1.83)
-Vancouver (1.66)
-Paris (1.59)
-Amsterdam (1.58)
The following cities are overvalued (GREBI score of 0.5 to 1.5):
-Tokyo (1.46)
-Sydney (1.39)
-Los Angeles (1.2)
-Geneva (1.18)
-London (1.1)
-Moscow (1.08)
-Tel Aviv (1.07)
-San Francisco (0.7)
-Boston (0.7)
-New York (0.54)
-Singapore (0.52)
As almost all countries in the world introduced Covid-related stimulus measures, such as quantitative easing and lowered interest rates, an inflation in the value of real estate is to be expected.
https://www.ubs.com/global/en/wealth-management/insights/2021/global-real-estate-bubble-index.html